My name is Steve Chen, and I am the course director at APC and I am also a fellow ACCA member.
I am sure you are aware the 10-year US government bond yield has increased by 4 basis point to 1.61%. This means we may be confident about the long term economic health but at the same time, it has inflation pressure on costs in the goods and services.
Please note that yield curve is quite important to financial manager - one of the vital points in the ACCA exam. Some financial managers would even use different financial strategies, for example, by borrowing in the short term when yield is low and to invest the sum to the long term investment projects - however, this creates higher risks to the business.